Lal Bahadur Shastri (LBSIM) Institute of Management, Delhi: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

Lal Bahadur Shastri Institute of Management (LBSIM) in Delhi is a premier institute offering value-based management education. It was established in 1995 by the Lal Bahadur Shastri Educational Society. The institute is equipped with state-of-the-art infrastructure, including a splendid auditorium with a capacity of 300 people and a vast library spanning two floors. It is located near the Sector-11 Metro Station on the Delhi Metro Blue Line, providing easy access to students from across Delhi/NCR. The institute also offers excellent arrangements for boarding, lodging, and other facilities in the vicinity of the campus.

LBSIM offers a two-year full-time regular Post Graduate Diploma in Management, recognized by AICTE, Ministry of Education, Govt. of India. The institute is committed to nurturing socially sensitive business leaders with a global outlook, emphasizing value-based management and technology education.

LBSIM has a strong track record, with 95% of placements completed in October 2022 and 100% placement by the first week of November for the 2021-23 batch. The average salary offered to students increased to Rs. 12.42 LPA, with the highest salary reaching Rs. 24.75 LPA. The institute witnessed participation from 50+ prominent recruiters, reflecting the trust of recruiters in the talented students and the quality of education provided at LBSIM. Prominent recruiters come from various sectors, including research & consultancy, banking, financial services & insurance, and IT & ITES.

The institute’s facilities include a sports center, restaurant, three cafes, and a library dedicated to the exclusive use of its community. Additionally, LBSIM provides a platform for students to learn from diverse individuals, fostering peer-to-peer learning, and creating a blend of experienced and fresh students from various educational backgrounds.

Lal Bahadur Shastri (LBSIM) Institute of Management, Delhi: MBA/PGDM Course and Fees 2024

Lal Bahadur Shastri Institute of Management (LBSIM) in Delhi is a premier business school, ranked among the top institutions in India. The institute offers several AICTE-approved PGDM programs, which are equivalent to an MBA. Here are the key details:

• Admission: Based on CAT, XAT, and GMAT scores, followed by extempore/written ability tests, group discussions, and personal interviews.
• Fees: The total fee for the two-year PGDM program is INR 15.50 lakhs, including semester fees, security deposit, and admission fees.

List of MBA/PGDM Courses, Duration, and Fees:

Note: The fees mentioned are for the entire duration of the course and include various components such as semester fees, security deposit, and admission fees.

FAQs on Course and Fees 2024

1. What are the specializations available in the MBA/PGDM program at LBSIM?

The MBA/PGDM program at LBSIM offers specializations in General Management, Financial Management, Research & Business Analytics, E-Business, and Artificial Intelligence & Data Science. These specializations are designed to cater to various industry needs and provide students with in-depth knowledge in their chosen fields.

2. What is the fee structure for MBA/PGDM at LBSIM?

The total fee for the two-year full-time PGDM programs at LBSIM is INR 15.50 lakhs, while the fee for the PGDM Business Administration (Weekend Classes) is INR 5.70 lakhs. These fees include all components such as semester fees, security deposits, and admission fees for the entire duration of the program.

Lal Bahadur Shastri (LBSIM) Institute of Management, Delhi: Admission Process and Important Dates 2024

Here is the step by step admission process for MBA/PGDM at LBSIM:

1. Register and Appear for Entrance Exams: Candidates must register and appear for national-level entrance exams such as CAT, XAT, or GMAT. These scores are a crucial component of the admission process.

2. Apply to LBSIM: After obtaining the entrance exam scores, candidates need to apply online through the official website of LBSIM or offline by collecting the application form from the admission office. The application fee is INR 2,648 (including GST).

3. Submission of Documents: Candidates must submit their application forms along with necessary documents, including academic transcripts, entrance exam scores, and other relevant information.

4. Shortlisting: Candidates are shortlisted based on their entrance exam scores, academic performance, work experience, and other information provided in the application form. The shortlisting criteria may vary depending on the program.

5. Group Discussion, Written Ability Test, and Personal Interview: Shortlisted candidates are invited to participate in group discussions, written ability tests or extempore, and personal interviews. These rounds are conducted to assess the candidates’ communication skills, analytical abilities, and fit for the program.

6. Final Selection: The final selection is made by a panel of experienced faculty members and industry experts based on the candidate’s performance in all the selection rounds.

Important Admission Dates for 2024

FAQs on LBSIM Admission Process 2024

1. What is the last date to apply for Lal Bahadur Shastri Institute of Management?

The last date to apply for the PGDM programs at LBSIM for the 2024 admission is January 31, 2024. Candidates must ensure they submit their applications before this deadline to be considered for the admission process.

2. What is the entrance exam for LBSIM?

LBSIM accepts scores from national-level entrance exams such as CAT 2023, XAT 2024, and GMAT for admission to its PGDM programs. These exams are mandatory for candidates seeking admission to the institute.

3. What is the last date to fill the LBSIM form?

The last date to fill and submit the application form for LBSIM’s PGDM programs is January 31, 2024. This applies to both online and offline application modes.

4. How can I get direct admission in LBSIM?

There is no provision for direct admission to LBSIM’s PGDM programs. All candidates must go through the standard admission process, which includes appearing for entrance exams like CAT, XAT, or GMAT, followed by group discussions, written ability tests, and personal interviews. Selection is based on a comprehensive evaluation of these components.

Lal Bahadur Shastri (LBSIM) Institute of Management, Delhi: Placements 2023

Lal Bahadur Shastri Institute of Management (LBSIM) in Delhi has a 100% placement record and is known for providing value-based management education. The institute offers various PGDM programs, including General, Financial Management, and Research & Business Analytics, among others. The placements for the 2021-23 batch have been concluded, and the highest package offered was INR 24.75 LPA, while the average package was INR 12.42 LPA. 

More than 50 prominent recruiters participated in the LBSIM Placements 2023, including DE Shaw & Co, Deloitte, EY, KPMG, Asian Paints, Airtel, Havells, Bain & Co, Darashaw, Gartner, ZS Associates, Egon Zehnder, and Capgemini, among others. 

The major recruiting sectors in the 2023 Placement Drive were Finance and Research & Consultancy. The recruiters offered 39 Pre-Placement Offers (PPOs) at LBSIM Placements 2023. The institute has a well-structured placement cell that provides students with ample opportunities to interact with industry professionals and gain practical exposure.

The placement process at LBSIM includes pre-placement talks, group discussions, personal interviews, and final job offers. The institute also offers summer internships to its students, which provide them with hands-on experience in the corporate world. 

FAQs on LBSIM Placements 2023

1. What are the placements for LBSIM MBA 2023?

The placements for LBSIM MBA 2023 have been concluded with a 100% placement rate for the 2021-23 batch. The highest package offered was INR 24.75 LPA, while the average package was INR 12.42 LPA.

2. What is the average placement of LBSIM Delhi?

The average placement for LBSIM Delhi is INR 12.42 LPA.

3. What is the salary of Lal Bahadur Shastri MBA?

The salary for Lal Bahadur Shastri MBA varies depending on the individual’s performance and the company offering the job. The highest package offered during placements in 2023 was INR 24.75 LPA.

4. Is it worth joining LBSIM?

Joining LBSIM can be a valuable decision for those seeking a career in management. The institute offers a range of management programs and has a strong reputation for providing quality education and excellent placement opportunities.